date:Oct 17, 2013
, it also increased 3 percent. In Asia, the Middle East and Europe, snacks gained 4 percent, led by double-digit growth in China, Pakistan and Turkey.
On the drinks side, volume declined 4 percent in the Americas and 1 percent in Europe, and rose 7 percent in Asia, the Middle East and Africa.
Pepsico's net revenue rose 1.5 percent to $16.91 billion. Johnston told analysts that foreign exchange rates contributed to a 1 percent drag on revenue and the refranchising of its business in Vietnam cau